Business DescriptionNVSBL.me - fully automated online business, with fulfilment centres in Australia, USA and UK. Sells high quality, fitted, invisible undershirts that are the modern approach to the traditional cotton men's undershirt.
ASKING PRICE: $40,000 + SAV (current Stock At Value approximately $80,000)
Detailed annual P&L Statements available upon completion of Confidentiality Agreement. Summary as follows:
- FY17: Sales $190,000, Net Profit $34,000
- FY18: Sales $149,000, Net Profit $32,000
- FY19: Sales $101,000, Net Profit $22,000. Please note that most popular stock items were unavailable from January to May 2019 (issues with supplier), therefore Sales and Net Profit experienced a decline during this period. Product supply no longer an issue.
- e-commerce business selling high quality, fitted and invisible (drop the vowels, you will see where 'NVSBL' comes from) undershirts for men
- Stock sourced from India and shipped directly to fulfilment centres in Australia, USA and UK
- NVSBL undershirts boast exceptional design and quality with a tapered cut, incredibly soft and breathable fabric, and an invisible design.
- 3PL fulfilment centres handle all stock handling
- Business first launched in December 2015
- Product comes in 4 colours, 7 sizes each (28 SKUs total)
- Customers are primarily affluent 25-35 year old males, orders have been received from 30+ countries worldwide
- Strong supplier and agent relationships in place
- Exceptionally easy to run business that can be run remotely, from anywhere in the world
- Main competitors charge a significantly higher price with inferior shipping options
- Minimal customer support required (email support only, approximately 1 hour per week)
- Website is run on WordPress/ WooCommerce
- Ranks #3 for 'invisible undershirts' on Google
- Domains included:
SOCIAL MEDIA/ DATABASES
Facebook: www.facebook.com/nvsblmen (776 followers)
Instagram: www.instagram.com/nvsblmen (7526 followers)
MailChip: 3,428 subscribers
REASON FOR SALE
- Current owner recently married and requiring funds for house mortgage. Also has full-time job as an accountant, no time for running online business.
Contact Cameron Ryan of bbroker on 0411 145 114 for a confidential discussion about this business. Please quote reference BR1372.
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